Two-Unit Duplex with Separate
For Sale
$320,000
Pending
76 1/2 S Main St, Plains, PA 18705
Each residence includes three bedrooms, one-and-a-half baths, gas heat, and a walk-up attic.
Property Size3,088 SF
Days on Market53
Property Features for 76 1/2 S Main St
General Information
Standard status
Pending
Size
3,088 SF
Property subtype
Residential Income
Site & Location
Public Transit
Yes
Utilities to Site
Yes
Units
Unit Mix
2 x 3BR/1.5BA
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$2,308
Amenities
walk-up attic
Listing Agency:
Christian Saunders Real Estate
(800) 372-4222
Listed By:
Felipe Rosero Salazar · License #RS364807
(570) 914-8799
Source:
Exprealty
Added: Aug 26
Changed: Oct 3
Last Checked: Oct 16 at 2:41PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Christian Saunders Real Estate
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Investment Insights
Based on property information with market context.
This two-unit duplex contains 3,088 square feet, with each residence offering three bedrooms and 1.5 baths. Both sides include living and dining areas, bright kitchens, gas heat, and a walk-up attic. Off-street parking and separate utilities serve the property.
Located at 76 1/2 S Main St in Plains, the duplex is within walking distance of local colleges, schools, dining, and transit. The two-sided configuration supports separate occupancy, with each unit providing a consistent residential layout and independent utility setup.
Located at 76 1/2 S Main St in Plains, the duplex is within walking distance of local colleges, schools, dining, and transit. The two-sided configuration supports separate occupancy, with each unit providing a consistent residential layout and independent utility setup.
Key Highlights
- Two‑unit duplex totaling 3,088 square feet
- Each side has 3 bedrooms and 1.5 baths
- Living and dining areas in both units
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$24,921
Cap Rate
7.79%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$498,420
$498.4K
Cap Rate 7%
$356,014
$356.0K
Cap Rate 9%
$276,900
$276.9K
Market Conditions
NOI Build-Up for 3,088 SF
Gross rent
$38.9K $12.60/SF
− Vacancy
−$3.3K −$1.07/SF
EGI
$35.6K $11.53/SF
− OpEx
−$10.7K −$3.46/SF
NOI
$24.9K $8.07/SF
Area
Luzerne County, PA
Vacancy
8.50%
Lease Rate
$12.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$498,420
Cap Rate 7%
$356,014
Cap Rate 9%
$276,900
Alternative Uses
Best Use
Multifamily LT 5
$356.0K
$311.5K – $415.4K
NOI $24,921 @ 7.0% cap · market cap 7.79%
Second Best
Apartment 5plus
$330.2K
$288.9K – $385.2K
NOI $23,113 @ 7.0% cap · market cap 7.22%
Theoretical Best
Office A
$978.3K
$856.0K – $1.14M
NOI $68,479 @ 7.0% cap · market cap 21.40%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
2
Residential units
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
337
Businesses Nearby
Explore this area
Business Placement
Demographics for 18705, PA
14,832
Population
7,268
Households
2
Avg Household Size
44
Median Age
23%
College-Educated
88%
High-School Grad
5.0 sq mi
ZIP Area
2,966
Density / Sq Mi
$61,293
Median Household Income
$35,965
Median Earnings
$1,006
Median Rent
$122,800
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Each residence includes three bedrooms, one-and-a-half baths, gas heat, and a walk-up attic.
Where is this duplex located?
The property is located at 76 1/2 S Main St Plains, PA.
What is the asking price?
The asking price for this property is $320,000.
What are key features of this property?
This property features: Two‑unit duplex totaling 3,088 square feet; Each side has 3 bedrooms and 1.5 baths; Living and dining areas in both units
